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The return of trade war leaves businesses with three choices: Absorb the higher costs, raise prices or cut expenses. All of these moves have consequences, as Head of Economic Research Ana Boata explains in the next episode of our Ask me Anything series. Industries that depend on global trade—auto, pharma, retail, or tech—face the biggest hit, and when costs surge and revenue falls, insolvency rates climb. Please note the following disclaimers: English: https://www.allianz.com/en/press/disc... German: https://www.allianz.com/de/presse/dis... Find us online if you want to learn more about what’s going on in the world of Allianz! Facebook: / allianz Instagram: / allianz LinkedIn: / allianz X (Twitter): / allianz YouTube: / allianz Website: https://www.allianz.com About Allianz Allianz Group is one of the world's leading insurers and asset managers. We offer our customers in more than 70 countries a wide range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance.